In-Town Duplex with
For Sale
$225,000
217 Wilson Street, Brewer, ME 04412
Brewer, ME
Property Size1,644 SF
Price / SF$136.86
Days on Market51
Property Features for 217 Wilson Street
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Bathrooms
2
Full bathrooms
2
Standard status
Active
Size
1,644 SF
Amenities
enclosed porch
natural gas
separate electrical meters
vinyl siding
replacement windows
oversized garage
storage above
Building Details
Year built
1900
Listing Agency:
Bangor, Maine · Better Homes and Gardens Real Estate
Listed By:
Kim Brountas
(207) 942-6711
Added: Sep 15
Changed: Sep 17
Last Checked: Nov 4 at 4:06AM
MLS# 1680694
Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,644-square-foot duplex was built in 1900 and includes an enclosed porch, replacement windows, and vinyl siding designed for lower maintenance. Natural gas service and separate electrical meters support the two-unit configuration. The property also includes an oversized two-car garage with parking, workspace, and storage above.
Set on a large lot in Brewer, the property is near local amenities and offers in-town convenience. The existing layout may support consideration of a third apartment or a small business, subject to municipal approval. The combination of residential units, garage capacity, and additional storage creates a flexible property configuration.
Set on a large lot in Brewer, the property is near local amenities and offers in-town convenience. The existing layout may support consideration of a third apartment or a small business, subject to municipal approval. The combination of residential units, garage capacity, and additional storage creates a flexible property configuration.
Key Highlights
- Duplex with 1,644 square feet of building area
- Built in 1900 with replacement windows and vinyl siding
- Separate electrical meters and natural gas service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,066
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,320
$301.3K
Cap Rate 7%
$215,229
$215.2K
Cap Rate 9%
$167,400
$167.4K
Market Conditions
NOI Build-Up for 1,644 SF
Gross rent
$22.7K $13.80/SF
− Vacancy
−$1.2K −$0.71/SF
EGI
$21.5K $13.09/SF
− OpEx
−$6.5K −$3.93/SF
NOI
$15.1K $9.16/SF
Area
Penobscot County, ME
Vacancy
5.13%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,320
Cap Rate 7%
$215,229
Cap Rate 9%
$167,400
Alternative Uses
Best Use
Multifamily LT 5
$215.2K
$188.3K – $251.1K
NOI $15,066 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$198.0K
$173.2K – $231.0K
NOI $13,857 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$531.0K
$464.6K – $619.5K
NOI $37,168 @ 7.0% cap · market cap 16.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
Explore this area
Business Placement
Demographics for 04412, ME
9,672
Population
4,565
Households
2.1
Avg Household Size
43
Median Age
31%
College-Educated
95%
High-School Grad
15.2 sq mi
ZIP Area
636
Density / Sq Mi
$51,490
Median Household Income
$35,700
Median Earnings
$984
Median Rent
$218,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separate electrical meters, natural gas, and additional garage workspace.
Where is this duplex located?
The property is located at 217 Wilson Street Brewer, ME.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Duplex with 1,644 square feet of building area; Built in 1900 with replacement windows and vinyl siding; Separate electrical meters and natural gas service
